TECSYS Posts 18% Revenue Growth in Fiscal 2Q - Modern Distribution Management

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TECSYS Posts 18% Revenue Growth in Fiscal 2Q

Profit fell 8.3 percent from the prior-year period.

TECSYS Inc. (TSX: TCS), Montreal, Canada, a supply chain management software company, reported sales for the fiscal second quarter ended Oct. 31, 2012, of C$10.7 million (US$10.8 million), an 18 percent increase over the same period a year ago. Profit fell 8.3 percent to C$122,000 (US$123,000).

For the first six months, sales were C$22.3 million (US$22.4 million), a 23 percent increase. Profit increased 353 percent to C$1.2 million (US$1.2 million).

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